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i think the people that we're watching right now is egypt and egypt's response to all of this. they are a gigantic country that have been a lynchpin of peace in the entire region, and they have a new mohammed muslim brotherhood, brand-new democratically elected but untested government. morsi wants to be as a statesman in the region, but he hasn't faced these crises before. >> thank you very much. we'll talk with you in the next few days on this especially. we have breaking news. moments ago eric holder announced a historic fine against bp for its role in the largest oil spill in our nation's history. bp will pay $4.5 billion for the deadly disaster in the gulf of mexico. the company will also plead guilty to a dozen felony charges including misconduct for the death of the 11 men who died in that explosion that triggered the oil spill. two employees also face manslaughter charges, and just moments ago, attorney general holder says this case is far from over. >> i want to be really absolutely clear that today's resolution does not, does not mark the end of our efforts. in fact, o
i think the people that we're watching right now is egypt and egypt's response to all of this. they are a gigantic country that have been a lynchpin of peace in the entire region, and they have a new mohammed muslim brotherhood, brand-new democratically elected but untested government. morsi wants to be as a statesman in the region, but he hasn't faced these crises before. >> thank you very much. we'll talk with you in the next few days on this especially. we have breaking news. moments...
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. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel, targeting also the stockpiles of long range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning, most of the israelis have been intercept
. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel,...
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if you, egypt, are going to be our ally, you're going to have to protect our allies as well. that's not an entangling alliance. that's a country that stands by its agreements. don't make agreements unless we intend to keep them. and and yet we have seen this administration throw our allies under the proverbial bus. it has to stop. people have to know they can trust our word. and just like the west african who told me when i was there two years ago, you have to tell the people in washington, quit getting weaker. we have seen america get weaker. you have to tell people in washington quit letting america get weaker, then we have no chance in this life. that was echoed by other west africans. it's time to stop growing weaker. it's time to stop breaking our word to our allies. it's time to make clear to israel enemies, israel is our friend, you better back off or else you will have us to answer to. is it any surprise, more rockets are flying at israel. this administration wins four more years and the violence just gets greater against israel. israel then forced to defend itself wh
if you, egypt, are going to be our ally, you're going to have to protect our allies as well. that's not an entangling alliance. that's a country that stands by its agreements. don't make agreements unless we intend to keep them. and and yet we have seen this administration throw our allies under the proverbial bus. it has to stop. people have to know they can trust our word. and just like the west african who told me when i was there two years ago, you have to tell the people in washington,...
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tension between israel and egypt's new islamist government has increased since the attacks with egypt recalling its ambassador to israel in protest. richard haass, also an emergency meeting of the u.n. security council last night. sift through this for us. how big is this? how significant is this in the middle east right now? >> well, it's big for lots of reasons, because it's not happening in isolation. one is you have the largest military clashes between israel and hamas in, what, four year now, and it's not going to stop. at times it doesn't matter in the middle east exactly why things begin. over the last few months there have been hundreds of rocket attacks, now this, then retaliation. it just happens. second of all, it's happening in the absence of anything political. there's no dialogue going on whatsoever between israelis and palestinians. this can't substitute for this. thirdly, egyptians withdrew their ambassador. since 1967 and really since not long after that when sadat, the relationship has been peaceful. it's been codified by treaty. it is the basis of peace in the middl
tension between israel and egypt's new islamist government has increased since the attacks with egypt recalling its ambassador to israel in protest. richard haass, also an emergency meeting of the u.n. security council last night. sift through this for us. how big is this? how significant is this in the middle east right now? >> well, it's big for lots of reasons, because it's not happening in isolation. one is you have the largest military clashes between israel and hamas in, what, four...
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egypt has, in fact, i think hamas will go out. but if egyptians are telling hamas, we got the muslim brotherhood and egypt is telling hamas, we have to find a way out of this with some stability intact, that is a different outkom >> fareed, how do you see this? . >> no question, it's justified. the attacks were out of gaza by hamas, were completely -- they had gone crazy in temps of the scope, intensity, and hamas was openly taking credit for them, rather than disavowing them. the problem, netanyahu people, bibi and barack, they have a tactical approach. they are hitting back and remember, they have been trying the do this with israel has invaded gaza and they have economically choked gaza, and they have succeeded. they have overwhelming force. what is the strategy to deal with gaza? how does this help israel in its long-term strategy? how does it play out with the regional strategy where israel's relations with egypt have deteriorated. its relations with turkey have deteriorated, so no question it is justified, but the question i
egypt has, in fact, i think hamas will go out. but if egyptians are telling hamas, we got the muslim brotherhood and egypt is telling hamas, we have to find a way out of this with some stability intact, that is a different outkom >> fareed, how do you see this? . >> no question, it's justified. the attacks were out of gaza by hamas, were completely -- they had gone crazy in temps of the scope, intensity, and hamas was openly taking credit for them, rather than disavowing them. the...
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egypt has recalled its ambassador to israel. in the meantime, the u.s. state department condemned the strikes fired from gaza and supporting israel's right to defend itself. i talked about all of this with sara sidner and also david kirkpatrick of "the new york times" and cnn's fareed zakaria. what is the latest on the attacks and the fallout? >> what we are seeing are more rockets coming into israel. there have been dozens of air strikes, as well since the killing of ahmed al jabarry, who is the leader of hamas' military wing, but he is also one of the founders of hamas. we are talking about a huge blow to hamas, and now the government there in gaza. israel is also telling us, and we've just heard this from its military spokesperson, that they are bringing in reservists, but they are considering a ground war, but have not yet given the go-ahead for that, but they are preparing. we know that they have been firing with the air with the air strikes, but we also know that they have been firing from the sea. their ships are anchored just off of the sea there
egypt has recalled its ambassador to israel. in the meantime, the u.s. state department condemned the strikes fired from gaza and supporting israel's right to defend itself. i talked about all of this with sara sidner and also david kirkpatrick of "the new york times" and cnn's fareed zakaria. what is the latest on the attacks and the fallout? >> what we are seeing are more rockets coming into israel. there have been dozens of air strikes, as well since the killing of ahmed al...
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egypt was in fear that egypt would end the peace treaty. that is one reason why israel feels it's calibrating carefully the attack on gaza.poised on th of gaz yachlt they're trying this pinpointed air attacks and also attacks from the sea. they resumed the policy of targeted assassinations against hamas leaders. they want very much to end the threat from gaza. but they also do not want a ground invasion partly because of the cost and also because they don't want to alienate egypt. so this is a very dachg us ange moment for this region. >> we know that they have great familiarity with attacks on two fronts. lebanon in the past and attacks from the south. again now with the new conflict that appears to be growing between israel and the golan heights and its border in syria. is there any concern that there may be new issues on the northern front as well? >> well, there is great concern. it doesn't seem too likely at the moment. as a matter of fact, by the way, a few minutes ago, maybe within the last hour, an israeli soldier there was a report
egypt was in fear that egypt would end the peace treaty. that is one reason why israel feels it's calibrating carefully the attack on gaza.poised on th of gaz yachlt they're trying this pinpointed air attacks and also attacks from the sea. they resumed the policy of targeted assassinations against hamas leaders. they want very much to end the threat from gaza. but they also do not want a ground invasion partly because of the cost and also because they don't want to alienate egypt. so this is a...
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egypt was in fear that egypt would end the peace treaty. that is one reason why israel feels it's calibrating carefully the attack on gaza.poised on th of gaz yachlt they're trying this pinpointed air attacks and also attacks from the sea. they resumed the policy of targeted assassinations against hamas leaders. they want very much to end the threat from gaza. but they also do not want a ground invasion partly because of the cost and also because they don't want to alienate egypt. so this is a very dachg us ange moment for this region. >> we know that they have great familiarity with attacks on two fronts. lebanon in the past and attacks from the south. again now with the new conflict that appears to be growing between israel and the golan heights and its border in syria. is there any concern that there may be new issues on the northern front as well? >> well, there is great concern. it doesn't seem too likely at the moment. as a matter of fact, by the way, a few minutes ago, maybe within the last hour, an israeli soldier there was a report
egypt was in fear that egypt would end the peace treaty. that is one reason why israel feels it's calibrating carefully the attack on gaza.poised on th of gaz yachlt they're trying this pinpointed air attacks and also attacks from the sea. they resumed the policy of targeted assassinations against hamas leaders. they want very much to end the threat from gaza. but they also do not want a ground invasion partly because of the cost and also because they don't want to alienate egypt. so this is a...
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with egypt at the back hamas will go all out. if they are telling hamas we are have the brother hood. and we have to find a way out of this with stabbility in tact that is going to be a different outcome. >> i think there is no question it was justified. the attacks, they had gone crazy in terms of the scope and intensity. the problem is that the people there, they have a tactical approach here. they are hitting back and have been trying to do this. israel has invaded gaza and these are tactical moves and they succeed. but what is the strategy to deal with gaza? how does this help and how does it play out with the regional strategy? so, i think there is no question it is just fied, the question is, is it smart? is. >> there is real concern and if you don't have cooperation, ultimately you can't control gaza. this undermines the authority and probably is going to undermine the un path which it might like because it shows that the palestinians are divided. we spoke to the prime minister. how big should this be for the us? the admin
with egypt at the back hamas will go all out. if they are telling hamas we are have the brother hood. and we have to find a way out of this with stabbility in tact that is going to be a different outcome. >> i think there is no question it was justified. the attacks, they had gone crazy in terms of the scope and intensity. the problem is that the people there, they have a tactical approach here. they are hitting back and have been trying to do this. israel has invaded gaza and these are...
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egypt needs to breathe through their nose and just stay where they are. hamas and israel are going to have to work this out, and they don't need to have other folks meddling other than to try to get them to calm down, you know, settle the situation a little bit. >> to the other story that we're following. obviously, the scandal involving the former cia director general david petraeus and general allen, john allen. secretary of defense leon panetta has jumped into all of this, ordering an ethics training for generals to be reviewed here. do you think, first of all, that that is the right way to go? do you think that's an adequate response at this time? you have been a general 30 years in the military. is this kind of review helpful? >> it is, suzanne. every time the military has a challenge that demonstrates a weakness in one of those elements that would -- that we would call foundational to the success of the military, you have to take what's called a stand-down or a review. you spend time focussing very narrowly and deeply on one particular vertical and
egypt needs to breathe through their nose and just stay where they are. hamas and israel are going to have to work this out, and they don't need to have other folks meddling other than to try to get them to calm down, you know, settle the situation a little bit. >> to the other story that we're following. obviously, the scandal involving the former cia director general david petraeus and general allen, john allen. secretary of defense leon panetta has jumped into all of this, ordering an...
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egypt today condemned this action by the israelis. the question is what else will egypt do? we will have continuing coverage of the situation there. mideast security expert joins us live to explain the implications of the action there today, where the united states stands on it. and president obama visited some of the people after -- still hurting after hurricane sandy. we'll hear from him and one of the people dealing in the aftermath. the crisis in israel, and the crisis in the aftermath of the storm, those are both coming up. >>> continuing to watch live images coming in from the gaza. this is 10:23 p.m. obviously it is hours later there and night fall has been with them for many hours. our correspondent mentioned that the israeli air force are flying this, and they have hit a lot of targets today. the question is what happens with ground troops. let's bring in the former intelligence officer of defense. mike, good of you, thank you. let's start with the ground troops. it is one thing to uh mass them and another to send them. >> it is, but are you talking about 30,000 res
egypt today condemned this action by the israelis. the question is what else will egypt do? we will have continuing coverage of the situation there. mideast security expert joins us live to explain the implications of the action there today, where the united states stands on it. and president obama visited some of the people after -- still hurting after hurricane sandy. we'll hear from him and one of the people dealing in the aftermath. the crisis in israel, and the crisis in the aftermath of...
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we have morsi with just basically still the new head of egypt. the muslim brotherhood does not like or respect israel at all. how do these other pieces, these leaders, new leader and leader facing election soon, factor into the whole situation? >> mercy is in a particularly vulnerable situation here. when mubarak was heading egypt, he could ignore the arab streak and the protests against israeli attacks in gaza. morsi can't do that. he's also the head of the muslim brotherhood, and hamas is a branch of muslim brotherhood. this is a very complicating factor. i mean, we should say, though, that i think morsi or anyone else in egypt is looking to start a war with the israelis. they're going to have to much more cognizant of what's going on and responsive to, again, i think a sentiment aamong the arab is that the israeli actions are unjustified. as far as netanyahu is concerned and the upcoming election, look, he's playing to a domestic constituency. every time the israelis go into gaza, they do limited damage to hamas and other limited damage to oth
we have morsi with just basically still the new head of egypt. the muslim brotherhood does not like or respect israel at all. how do these other pieces, these leaders, new leader and leader facing election soon, factor into the whole situation? >> mercy is in a particularly vulnerable situation here. when mubarak was heading egypt, he could ignore the arab streak and the protests against israeli attacks in gaza. morsi can't do that. he's also the head of the muslim brotherhood, and hamas...
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and fred, tell us why egypt is such a concern this time around. >> oh, egypt is a huge concern this time around, carol, because first of all, it has a new and very islamist government in place that, of course, for many people especially hamas in gaza believe it's more on the sides of hamas than governments in egypt have been before. there are people who believe egypt might not stand idle by as this is happening as the government did in the past when hosni mubarak was still in power. certainly egypt plays a lynchpin role in all of this. the egyptians not very happy, not only did they call for condemnation of israeli air strikes in gaza but also recalled their ambassador here from israel and responded the israeli ambassador. certainly egypt is a big concern. meanwhile, the israeli military operation in gaza is going on. there have been further air strikes. about 100 missile sites targeted by the israeli military. they're saying they're trying to target especially medium and long-range missiles they believe could be a threat to towns like tel aviv and other towns around gaza. israeli prime
and fred, tell us why egypt is such a concern this time around. >> oh, egypt is a huge concern this time around, carol, because first of all, it has a new and very islamist government in place that, of course, for many people especially hamas in gaza believe it's more on the sides of hamas than governments in egypt have been before. there are people who believe egypt might not stand idle by as this is happening as the government did in the past when hosni mubarak was still in power....
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president obama can no longer on former ally egypt. there are a member of the muslim brotherhood. thatl members of a group people in several areas of the city. >> some of the victims landed in hospital and required surgery. the neighborhoods we are talking about, even outside the sea. is some of what happened and reactions to one victim. standing at a bus stop in chinatown. >> i can tell you that the of crimes they committed y sometimes is disturbing in and of itself. >> nine members of the gang were today, ranging in age from 15-22 years old. eight crimes, robbery, destruction of property. began about a year ago. >> is super scary. >> we spoke with a victim. history, awayful from the public. >> the even bragged about their exploits on youtube and other t videos showed up about having to fight one another. attacks on the unsuspecting the chiefhat bother counsel of the most. >> i have been able to see the savage beatings. >> it is terrifying that they people over property. >> the number of crimes is not known yet. >> that is ridiculous. >> more are expected. when asked about how ma
president obama can no longer on former ally egypt. there are a member of the muslim brotherhood. thatl members of a group people in several areas of the city. >> some of the victims landed in hospital and required surgery. the neighborhoods we are talking about, even outside the sea. is some of what happened and reactions to one victim. standing at a bus stop in chinatown. >> i can tell you that the of crimes they committed y sometimes is disturbing in and of itself. >> nine...
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egypt strongly condemns what israel is doing in gaza. this is an unacceptable act, and we deeply condemn it. >> what has changed since the war? the west and israel have lost their most reliable friend, and egypt's president mubarak. they saw him as an indispensable part of the solution at times like this. >> heightened tensions in the middle east tonight. in other news from around the world, the united nations secretary general ban ki moon has set a report on the failure to attack civilians. -- has said a report on the failure to attack civilians will have a profound impact. in iraq, simultaneous car bomb attacks across the country have killed at least 17 people. dozens were injured. the attack struck baghdad and other cities. it is not clear if the attacks are the work of one group. across europe, tens of thousands have taken to the streets in protest of rising unemployment and government austerity measures. workers in spain, portugal, greece, and italy went out on strike. gary hewitt reports. >> hundred of thousands packed madrid to pr
egypt strongly condemns what israel is doing in gaza. this is an unacceptable act, and we deeply condemn it. >> what has changed since the war? the west and israel have lost their most reliable friend, and egypt's president mubarak. they saw him as an indispensable part of the solution at times like this. >> heightened tensions in the middle east tonight. in other news from around the world, the united nations secretary general ban ki moon has set a report on the failure to attack...
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well, i'm more concerned about what is going to happen in egypt. the muslim brotherhood is in power now. they have to find that fine line between the secular military and the radicals and how they react to this latest incident will be instrumental to the instability. let's turn to david petreaus again. it seems that one by one, the possible major security breaches are being downplayed. having had an affair. discovered into something else. under these circumstances could he have ridden this out dow think? >> well, he himself into the effect that an announcement that he had been having an affair with someone not his wife. he knows the affect that this would have on the organization and the institution. and so he did it what one would expect of an honorable man. we have had general eisenhower and president kennedy all had affairs and stayed in their jobbed and deemed to be great leaders. haven't we lost a great military and intelligence mind and isn't it time that maybe we looked at this or do you think that the discipline it has to be the case? it is
well, i'm more concerned about what is going to happen in egypt. the muslim brotherhood is in power now. they have to find that fine line between the secular military and the radicals and how they react to this latest incident will be instrumental to the instability. let's turn to david petreaus again. it seems that one by one, the possible major security breaches are being downplayed. having had an affair. discovered into something else. under these circumstances could he have ridden this out...
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it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning about energy drinks. another popular brand could be linked to multiple deaths. that story straight ahead. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>>
it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning...
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talked about what we found we look out egypt adhere to everything that was going on. people, you know, all over governments here were likely to we talk to? whose important? here's the scoop. right now industry there's nobody who can raise their hand and so i can identify who was the leader of egyptian revolution, because there wasn't one. it was coalition's ever-changing coalitions of interest moving. as you look at the social media map you see that there was no one leader. so we have got, we as a government and, frankly, governments everywhere have got to figure out to do that, how did he get into that marketplace of ideas. one of the things that we did, not surprising with my background, i was very focused on consumer research, understand what was going on. one of the things i found it in government, we spent a lot of time, hundreds of millions of dollars, looking at economic elites, political elites in others, looking through different lenses. if you just look at it that way, you don't look at it to a more classic consumer lens, then if you are a young 20 year old
talked about what we found we look out egypt adhere to everything that was going on. people, you know, all over governments here were likely to we talk to? whose important? here's the scoop. right now industry there's nobody who can raise their hand and so i can identify who was the leader of egyptian revolution, because there wasn't one. it was coalition's ever-changing coalitions of interest moving. as you look at the social media map you see that there was no one leader. so we have got, we...
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civilian casualties and damage as a result that is also the fear now also diplomatic going to cations egypt has been outraged by this by this offensive as we've drawn it sound buses to israel and has demanded that they stop this immediately as has mahmoud abbas the public palestinian president other outside bodies such as the u.n. also calling for restraint on all sides. here now is that there will be a further escalation with ground troops going in as well. on boston in tel aviv tom many thanks indeed for that update. and you i think there is a council has held an adjunct closed door meeting after palestinians called for an end to israel's offensive and he's going to check our reports from washington the u.s. is supporting israel despite day escalating violence. well you know we had the u.s. response to the shelling of gaza was easy to predict and it says we stand by our partners in their fight to defend themselves against terrorism end of quote the u.s. representative to the u.n. susan rice has released a statement saying that it was expressing regret to the death and injury of innocent c
civilian casualties and damage as a result that is also the fear now also diplomatic going to cations egypt has been outraged by this by this offensive as we've drawn it sound buses to israel and has demanded that they stop this immediately as has mahmoud abbas the public palestinian president other outside bodies such as the u.n. also calling for restraint on all sides. here now is that there will be a further escalation with ground troops going in as well. on boston in tel aviv tom many...
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megyn: if egypt were to step in here? officially say the '79 treaty, the deal where we said, all right, we're cool with israel for now, if they say forget about that, how hoop a deal with that? >> then you have another arab/israeli war. we have not had one since 1973. the other thing that's sort of unknown in all of this is the syrian civil war. the worry everybody's always had about syria is not that it's going to implode, but it's going to explode. because all of the factors, all the ethnic groups, all the tribes, they're all in existence in every one of those other cups in that same -- countries in that same region. the whole region is getting very unstable, and with no economic prospects and an iran which is busy stirring the pot. megyn: wow. very glad you were here, kt. >> thank you. megyn: i have a feeling we're going to be seeing a lot of you in the coming days. >>> two other big stories we are following at this hour. right now we're waiting for remarks from president obama here in new york. he's here touring the d
megyn: if egypt were to step in here? officially say the '79 treaty, the deal where we said, all right, we're cool with israel for now, if they say forget about that, how hoop a deal with that? >> then you have another arab/israeli war. we have not had one since 1973. the other thing that's sort of unknown in all of this is the syrian civil war. the worry everybody's always had about syria is not that it's going to implode, but it's going to explode. because all of the factors, all the...
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>> well, i'm more concerned of egypt. the muslim brotherhood is in power now, and it is unsteady power. they have to find the fine line between the secular military and the opponents. if there is a battle, it is inside egypt. >> and we were talking today earlier to find out that one by one all of the major security breaches are down played and in the end, we are left with general petraeus having had an affair, an affair discovered by the fbi under different circumstance, and in this circumstance, could he have ridden it out? >> well, he, himself, could not ride it out. he did the honorable thing and resigned. he knew that the announcement that he had been having an affair with someone not his wife, he knows the affect on this organization and the institution, and both the institution of the agency and of the military. and so he did exactly what one would expect of an honorable man and he tendered his resignation. >> and we have had general eisenhower, and general patton and president j.f. kennedy and all of them stayed in
>> well, i'm more concerned of egypt. the muslim brotherhood is in power now, and it is unsteady power. they have to find the fine line between the secular military and the opponents. if there is a battle, it is inside egypt. >> and we were talking today earlier to find out that one by one all of the major security breaches are down played and in the end, we are left with general petraeus having had an affair, an affair discovered by the fbi under different circumstance, and in this...
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egypt is critical to this. there is a reason we spent decades in, you know, worked so hard, the u.s., to create the camp david accords back in the 1979 and that we spent billions of dollars each and every year giving money to israelis and egyp shuns to keep that in place. egypt is strategic culturally throughout the region and just physically. the suez canal is major, major arterry for trade. you also have a lot of pipelines and other ways that oil moves around in that region. if egypt decides to go ahead and break with israel and use this as a pretext to do so i think you will have a very different map in the middle east. melissa: mike barrett, thanks for joining us i think that was terrifying but thank you. >> all right, melissa. melissa: sit down and buckle up. after hearing nothing but chatter from lawmakers how to deal with the fiscal cliff, "money" has taken matters into our own hands. we'll go through the solutions. we'll solve this problem at least part of it with one of my favorite economists. at the e
egypt is critical to this. there is a reason we spent decades in, you know, worked so hard, the u.s., to create the camp david accords back in the 1979 and that we spent billions of dollars each and every year giving money to israelis and egyp shuns to keep that in place. egypt is strategic culturally throughout the region and just physically. the suez canal is major, major arterry for trade. you also have a lot of pipelines and other ways that oil moves around in that region. if egypt decides...
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egypt is one of the few arab countries with diplomatic ties to israel. but president mohamed morsi belongs to the muslim brotherhood which has close relations to hamas. morsi has called for an emergency meeting of the arab league to discuss the killing. >>> the leaders of asia's top economies want to work out a free trade agreement. ramin mellegard joins us from the business desk. there are so many trade negotiations going on worldwide. what are the details in this case? >> catherine, representatives of japan, china, and south korea are trying to get together this month to talk about starting negotiations for a free trade pact. the countries have agreed there are benefits to strengthening economic ties as the move towards free trade accelerates worldwide. leaders of the three countries had agreed in may that they would begin the trade negotiations by the end of this year. preparations had been made in working-level meetings but prospects for the talks were unclear in the shadow of the japan/china territory i am dispute over islands in the east china sea.
egypt is one of the few arab countries with diplomatic ties to israel. but president mohamed morsi belongs to the muslim brotherhood which has close relations to hamas. morsi has called for an emergency meeting of the arab league to discuss the killing. >>> the leaders of asia's top economies want to work out a free trade agreement. ramin mellegard joins us from the business desk. there are so many trade negotiations going on worldwide. what are the details in this case? >>...
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maybe it was in response to what was happening in egypt. those kind of questions are still going to have to be answered. this is only the first hearings, chris. three we have scheduled. one of those is going to be a public hearing where these kind of questions are going to be asked. and the individuals involved will be able to tell the american public what did happen. >> chris: so, i just want to make it clear. there will be open hearings where the people will not only have to answer to you but we the american people will see what the answers are. >> absolutely. this is too critical an issue. we have four dead americans, including very prominent and a very outstanding ambassador. and the american people deseven to -- deserve a hearing. at the end of the day we'll have an open hearing where the american people can determine for themselves. and to hear from the folks to make a decision about what they think happened. >> chris: after what you heard today, senator, do you come away thinking that what susan rice told the american people that sun
maybe it was in response to what was happening in egypt. those kind of questions are still going to have to be answered. this is only the first hearings, chris. three we have scheduled. one of those is going to be a public hearing where these kind of questions are going to be asked. and the individuals involved will be able to tell the american public what did happen. >> chris: so, i just want to make it clear. there will be open hearings where the people will not only have to answer to...
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top hamas military leader and as we know this afternoon seven were dead two of which were children egypt's muslim brotherhood has condemned israel's aggressive response to hamas rockets threatening to pull the egyptian ambassador from israel the muslim brotherhood's political wing via j.-p. said in a statement that israel's return to the policy of assignation of leaders of the palestinian struggle groups shows that the israeli occupation wants to drag the region toward instability the statement added that the occupying state has to understand that the changes the arab region especially egypt have witnessed will not permit the palestinian people be put under the hold of the israeli offensive in the same way as in the past what's perhaps most troubling is the deafening silence from the old. obama administration just today obama gave his first press conference since being reelected where he touched upon a whole range of global issues and unsurprisingly there was no mention of the declaration of war against america's closest ally in the middle east unsurprising because it goes without saying t
top hamas military leader and as we know this afternoon seven were dead two of which were children egypt's muslim brotherhood has condemned israel's aggressive response to hamas rockets threatening to pull the egyptian ambassador from israel the muslim brotherhood's political wing via j.-p. said in a statement that israel's return to the policy of assignation of leaders of the palestinian struggle groups shows that the israeli occupation wants to drag the region toward instability the statement...
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he needs to respond as a president of egypt and take into account egypt's national interests. he also can't brook having these small extremist groups dictating relations. jon: are you optimistic or pessimistic of the week ahead? >> the u.s. feels we do need to be able to push back on terrorist groups, we have a common interest. the question is, what are the exact objectives, and can they be accomplished quickly without widen the fighting here, and that remains to be seen. jon: yeah, that's the question. michael singh, thank you. jenna: up next, a record settlement in the gulf. bp pleading guilty in the 2010 oil spill. where that money is headed, next. >>> plus, getting to the bottom of benghazi. several hearings on the deadly terror attack takes place today on capitol hill. breaking news out of one of them. secretary clinton will testify. the lawmaker who made that announcement, the chairwoman of the house foreign relations committee, joins us next. [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosing the right plan for your
he needs to respond as a president of egypt and take into account egypt's national interests. he also can't brook having these small extremist groups dictating relations. jon: are you optimistic or pessimistic of the week ahead? >> the u.s. feels we do need to be able to push back on terrorist groups, we have a common interest. the question is, what are the exact objectives, and can they be accomplished quickly without widen the fighting here, and that remains to be seen. jon: yeah,...
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there have been anti-israeli demonstrations in egypt. is this conflict about to become something much more profound, prolonged, and serious? >> reporter: well, it certainly has the potential to, and it's important to emphasize really this chapter in a prolonged conflict between israel and the palestinians certainly has entered into a new dimension when it comes to the gaza strip. this isn't the first time they have exchanged this type of gunfire. in fact, we saw four years ago the operation that was unfolded, very reminiscent of what we're seeing now. that's the concern many palestinians have here. 1.5 million people in gaza bracing themselves for more violence. the concern is whether israel will launch a ground offensive. there is precedence for it. that's why many palestinians are fearful that in the coming days this can only get worse. a lot of people are questioning the effects of all of this. why is israel continuing to carry out these attacks if it has not been able to stop the rocket fire it set out to stop. when it launched the o
there have been anti-israeli demonstrations in egypt. is this conflict about to become something much more profound, prolonged, and serious? >> reporter: well, it certainly has the potential to, and it's important to emphasize really this chapter in a prolonged conflict between israel and the palestinians certainly has entered into a new dimension when it comes to the gaza strip. this isn't the first time they have exchanged this type of gunfire. in fact, we saw four years ago the...
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government that puts a lot of pressure on israel to end this operation because their relations with egypt have already deteriorated in the short term netanyahu doesn't want to long operation another bloodbath in gaza like israel saw with operation cast lead which will lead to an investigation from the u.n. in another goldstone report and he doesn't want it for political reasons as well so i think this could wrap up what israeli leaders are saying right now is they are waiting for hamas to beg for a truce which means that they're seeking a truce which means they really have let's look at the long term let's look at the big picture they really have no end game for how to resolve the situation with the gaza strip they've termed the gaza strip which is pejorative consists of a majority of the refugees were not allowed to return to their homes in what is now known as israel because they're not jewish it's been turned into a warehouse for surplus humanity exactly being said he wished the gaza strip would just fall into the sea they really have no end game for the gaza strip. when to try to dome
government that puts a lot of pressure on israel to end this operation because their relations with egypt have already deteriorated in the short term netanyahu doesn't want to long operation another bloodbath in gaza like israel saw with operation cast lead which will lead to an investigation from the u.n. in another goldstone report and he doesn't want it for political reasons as well so i think this could wrap up what israeli leaders are saying right now is they are waiting for hamas to beg...
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towards the coast where the israeli navy has been involved as well and down towards the border with egypt on the route for crossing there all of this adds to the fear is that a ground invasion may indeed be imminent we've heard and can perform reports unconfirmed reports but your pardon through out the day that israeli tanks and troops have been moving south towards the border but we know that thirty thousand reservists are very likely to be called up and sent down there as well and all of this adds to the fears of that possible ground invasion so rather like the one that took place a new year two thousand and eight to nine called cast lead back then the operation now called pillars of defense. for their part as well how mass and other militant groups like islamic jihad have been busy firing rockets about over two hundred seventy five the latest count fired across the border from gaza into southern israel two of them a couple of hours ago reaching as far north as israel's second largest city tel aviv. they didn't actually hit the city but but landed close enough to it to really unnerved t
towards the coast where the israeli navy has been involved as well and down towards the border with egypt on the route for crossing there all of this adds to the fear is that a ground invasion may indeed be imminent we've heard and can perform reports unconfirmed reports but your pardon through out the day that israeli tanks and troops have been moving south towards the border but we know that thirty thousand reservists are very likely to be called up and sent down there as well and all of this...
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. >> and there is the concern of how egypt will react. what is the word there on how they are reacting? >> well, we already heard from egypt's president and the foreign minister. they have condemned the emergency meeting in the arab league to explore popular options. egypt says it will open the border with gaza to completely allow all wounded and injured and anybody else who wants to get out. we are getting initial reports that the prime minister may be leading a high delegation visit tomorrow. that would be unprecedented given the security situation here. >> a ayman, thank you so much. appreciate it. from the middle east to back home. let's take a look at what is happening this hour. the president will land in new york city within the next 30 minutes, where he will tour the damage done by superstorm sandy. he will be greeted by andrew cuomo and governor bloomberg. and there are two closed door meetings on the deadly attack on the u.s. consulate in benghazi. one is taking place with the house intelligence committee and the the other with
. >> and there is the concern of how egypt will react. what is the word there on how they are reacting? >> well, we already heard from egypt's president and the foreign minister. they have condemned the emergency meeting in the arab league to explore popular options. egypt says it will open the border with gaza to completely allow all wounded and injured and anybody else who wants to get out. we are getting initial reports that the prime minister may be leading a high delegation...